Global stock markets fell under inflation worries, the epidemic situation in India continued to worsen, and international oil prices fell sharply. Pure benzene spot slightly down, cyclohexanone temporarily stable wait-and-see. According to the monitoring data of business news agency, as of May 14, the average price of domestic cyclohexanone market was 11220 yuan / ton, with a month on month increase of 13.10% and a year-on-year increase of 93.45%.
|Gamma Polyglutamic Acid|
As of May 14, domestic cyclohexanone market summary:
East China 11500-11600 yuan / ton in cash
South China 12000 yuan / ton in cash
Shandong Province 11150-11250 yuan / ton cash delivery
In terms of raw materials, pure benzene dropped after rising. In the first half of last week, due to the concentrated maintenance of pure benzene plants and the impact of new downstream demand, the domestic pure benzene supply was in short supply, and the market was reluctant to sell at low prices; In the latter half of the period, the futures price of styrene in the lower reaches fell sharply, and pure benzene followed the weakness. Downstream, caprolactam plant started to maintain a high level, raw materials on demand procurement.
The spot price of pure benzene has fallen, and the market price of cyclohexanone is relatively high, and the downstream follow-up is slow. Business community cyclohexanone analysts expect that the domestic cyclohexanone market will be high in the short term.